InterXion Holding NV Earnings: Here’s Why the Stock is Down Now

InterXion Holding NV (NYSE:INXN) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 3.68%.

InterXion Holding NV Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 23.08% to $0.10 in the quarter versus EPS of $0.13 in the year-earlier quarter.

Revenue: Decreased 11.18% to $76.5 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: InterXion Holding NV reported adjusted EPS income of $0.10 per share. By that measure, the company missed the mean analyst estimate of $0.12. It missed the average revenue estimate of $76.86 million.

Quoting Management: “Interxion’s second quarter results reflect solid execution against our market segmentation strategy, which has delivered sustained, profitable growth despite the effects of a continued unfavourable macroeconomic environment,” said Interxion Chief Executive Officer, David Ruberg. “Growth in our communities of interest and structural drivers, such as the onset of migration to cloud computing, are underpinning continued demand for Interxion’s highly connected data centres.”

Key Stats (on next page)…

Revenue decreased 19.74% from $95.31 million in the previous quarter. EPS were the same at $0.10 as the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.13 and has not changed. For the current year, the average estimate has moved down from a profit of $0.49 to a profit of $0.48 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)